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Marco Mobile Home Park

235 Old Country Rd, Riverhead, NY 11901

For Sale
Contact for pricing
Pending

41-site mobile home community in Riverhead, New York.

Property SizeContact for details
Days on Market271

Property Features for 235 Old Country Rd

General Information

Standard status Pending
Property subtype Mobile Home Park
Occupancy 85%
Investment Type Value Add

Building Details

Units 41
Listing Agency: eXp Commercial
Listed By: Phillip Li · License NY #2563988
Source: Crexi
Added: Feb 13 Changed: Nov 10 Last Checked: Nov 10 at 6:22AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Commercial

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Investment Insights

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Marco Mobile Home Park is a 41-site mobile home community located in Riverhead, New York. The community includes 23 lot renters with an average rent of $737 per month, 11 rent-to-own occupants with an average payment of $1,217 per month, and one single-family residence rented at $2,947 per month. There is also one vacant park-owned home and five vacant lots ready for infill with utilities in place. The community uses city water, which is billed back to tenants, along with septic sewer and trash (curbside pickup). Electricity is sub-metered and direct billed. The investment strategy involves infilling the five vacant lots and selling homes at a profit, increasing utility recapture rates, and increasing rents to market rates for new tenants. The property is a well-maintained, 3-Star manufactured housing community with no park-owned homes and no major infrastructure issues. The community benefits from solid local fundamentals, convenient access to Old Country Road retail and employment, and limited competing supply. Average area home prices are $615,000, and the median income is $94,000.

Key Highlights

  • 41‑site mobile home community in a desirable Riverhead, New York location.
  • Infill opportunity: 5 vacant lots with utilities in place.
  • Well‑maintained, 3‑Star community with no park‑owned homes or major infrastructure issues.

Property Analytics

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Location Intelligence

Trade Area within ½ mile

443
Businesses Nearby

Demographics for 11901, NY

30,936
Population
13,126
Households
2.4
Avg Household Size
42
Median Age
21%
College-Educated
79%
High-School Grad
56.7 sq mi
ZIP Area
546
Density / Sq Mi
$83,252
Median Household Income
$39,949
Median Earnings
$2,195
Median Rent
$437,500
Median Home Value
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Mobile home & RV park - 41-site mobile home community in Riverhead, New York.
Where is this mobile home & rv park located?
The property is located at 235 Old Country Rd Riverhead, NY.
What is the asking price?
The asking price for this property is $4,400,000.
What are key features of this property?
This property features: 41‑site mobile home community in a desirable Riverhead, New York location.; Infill opportunity: 5 vacant lots with utilities in place.; Well‑maintained, 3‑Star community with no park‑owned homes or major infrastructure issues.
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